Zambia reaches $1.47 billion staff-level agreement with IMF
ZAMBIA has reached a staff-level agreement with the International Monetary Fund on a new $1.472 billion program to support its shift from economic stabilization to growth, Finance Minister Situmbeko Musokotwane said Friday. The proposed 36-month extended credit facility, equivalent to SDR 1.076 billion, will support budget and balance-of-payments needs and safeguard debt sustainability, Musokotwane said. […] The post Zambia reaches $1.47 billion staff-level agreement with IMF first appeared on M
ZAMBIA has reached a staff-level agreement with the International Monetary Fund on a new $1.472 billion program to support its shift from economic stabilization to growth, Finance Minister Situmbeko Musokotwane said Friday. The proposed 36-month extended credit facility, equivalent to SDR 1.076 billion, will support budget and balance-of-payments needs and safeguard debt sustainability, Musokotwane said. […]
The post Zambia reaches $1.47 billion staff-level agreement with IMF first appeared on Mwebantu.
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- 71 words · 1 min read
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- October 10, 2026
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